Simo Energy fails to supply possession or government data on its web site.
Simo Energy’s web site area (“simopower.com”), was privately registered on March twenty second, 2025.
As all the time, if an MLM firm just isn’t overtly upfront about who’s operating or owns it, suppose lengthy and onerous about becoming a member of and/or handing over any cash.
Simo Energy’s Merchandise
Simo Energy has no retailable services or products.
Associates are solely in a position to market Simo Energy affiliate membership itself.
Simo Energy’s Compensation Plan
Simo Energy associates make investments tether (USDT). That is completed on the promise of marketed returns:
- Simo-1 – make investments 35 USDT and obtain 2.66 USDT a day
- Simo-2 – make investments 100 USDT and obtain 7.7 USDT a day
- Simo-3 – make investments 200 USDT and obtain 15.6 USDT a day
- Simo-4 – make investments 500 USDT and obtain 39.5 USDT a day
- Simo-5 – make investments 1000 USDT and obtain 80 USDT a day
- Simo-6 – make investments 2000 USDT and obtain 162 USDT a day
- Simo-7 – make investments 4000 USDT and obtain 328 USDT a day
- Simo-8 – make investments 8000 USDT and obtain 664 USDT a day
- Simo-9 – make investments 16,000 USDT and obtain 1344 USDT a day
- Simo-10 – make investments 32,000 USDT and obtain 2720 USDT a day
Simo Energy pays referral commissions on invested USDT down three ranges of recruitment (unilevel):
Notice that particular referral fee charges on every stage aren’t disclosed.
Becoming a member of Simo Energy
Simo Energy affiliate membership is free.
Full participation within the hooked up revenue alternative requires a minimal 35 USDT funding.
Simo Energy Conclusion
Simo Energy is one more “click on a button” app Ponzi scheme.
Simo Energy’s “click on a button” Ponzi ruse is machine charging stations.
The assigned activity in Simo Energy is “orders”. This sees Simo Energy affiliate traders log in day by day to “click on a button”.
Clicking the button day by day qualifies Simo Energy traders to obtain marketed day by day returns.
Past that clicking a button inside Simo Energy does nothing. There is no such thing as a exterior income; all Simo Energy does is recycle newly invested funds to pay earlier traders.
Simo Energy is a part of a bunch of “click on a button” app Ponzis that emerged in late 2021.
Examples of already collapsed “click on a button” app Ponzis utilizing the identical charging station ruse are TRX ChargePoint, EVChargezus, Blink Charging.
Since 2021 BehindMLM has documented a whole bunch of “click on a button” app Ponzis. Most of them final a number of weeks to some months earlier than collapsing.
“Click on a button” app Ponzis disappear by disabling each their web sites and app. This tends to occur with out discover, leaving nearly all of traders with a loss (inevitable Ponzi math).
As a part of a collapse, “click on a button” Ponzi scammers usually provoke restoration scams. This sees the scammers demand traders pay a charge to entry funds and/or re allow withdrawals.
If any funds are made withdrawals stay disabled or the scammers stop communication.
Organized crime pursuits from China function rip-off factories behind “click on a button” Ponzis from south-east Asian international locations.
In September 2024, the US Division of Treasury sanctioned Cambodian politician Ly Yong Phat over ties to Chinese language human trafficking rip-off factories.
Trafficked victims report they had been compelled to rip-off below risk of violence and having their organs harvested.
Via numerous corporations he owns, Phat is alleged to shelter Chinese language scammers working out of Cambodia.
Myanmar claims to have deported over 50,000 Chinese language rip-off manufacturing unit scammers since October 2023. With “click on a button” app scams persevering with to function on BehindMLM although, it’s clearly not sufficient.
In late January 2025, Chinese language ministry representatives visited Thailand. The acknowledged intention of the go to was to deal with organized Chinese language crime gangs working from Myanmar.
In early February 2025, Thailand introduced it had lower energy, web entry and petrol provides to Chinese language rip-off factories working throughout its border with Myanmar.
As of February twentieth, Thai and Chinese language authorities declare ten thousand trafficked hostages had been free of Myanmar compounds.
Additionally on February twentieth, 5 Chinese language crime bosses had been nabbed in a wider raid of 4 hundred and fifty arrests within the Philippines.
On March nineteenth it was reported that, regardless of the current raids and arrests, “as much as 100,000 folks” are nonetheless working in Chinese language Myanmar rip-off factories.
No matter which nation they function from, in the end the identical group of Chinese language scammers are believed to be behind the “click on a button” app Ponzi plague.